Summary
Overview
Work History
Education
Skills
Websites
Timeline
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Moni Hristov

Moni Hristov

Los Angeles,CA

Summary

Results driven finance Professional with 11 years of experience in Accounting, Taxes, Audit, Client Financial services, Analytics and Reporting. Strong focus on Revenue, Accounts Receivable and General Ledger across different industries. Proficient technical skills and experience in a wide range of accounting software and ERP implementation. Ability to deliver strong management skills, client service and to provide solution to complex financial issues. Experience with foreign transactions and currency conversion. Experience with NetSuite ARM

Overview

11
11
years of professional experience

Work History

Senior Revenue Accountant

Zynga
Los Angeles, CA
05.2022 - Current
  • Process invoicing, cash applications, and record revenue using the 606 method (manually, as well as using ARM NetSuite).
  • Oversee amortization schedules and amortization testing related to deferred revenue for individual contracts, and approve the necessary month-end journal entries.
  • Determine the estimated accrual amounts for ad network contracts, and approve the necessary month-end entries.
  • Prepare adjusting entries, and maintain proper supporting documentation relating to Value-Added Tax (VAT), foreign transactions, and currency conversion.
  • Prepare and process intercompany (ICO) entries, and maintain detailed supporting documentation for each entity’s monthly revenue amounts.
  • Reconcile revenue, deferred revenue, and accrued AR accounts monthly to ensure no discrepancies.
  • Review the revenue team's entries and support to ensure proper revenue recognition in accordance with company policy and accounting standards.
  • Prepare income and balance sheet statements on a monthly basis.
  • Train new hires and perform some supervisory duties.
  • Provided support for internal and external audits by preparing required documents, schedules and reports.

Senior Accountant

Lotus Clinical Research/ CORE
Los Angeles, CA
01.2019 - 05.2022
  • Manage and oversee the daily operations of the Accounts Receivable – handling contracts, invoicing, cash applications, resolving billing issues, producing AR reports, revenue recognition (606 method)
  • Identify the monthly revenue amounts using the 606 method for individual contracts and determine the necessary adjusting entries relating to revenue recognition – deferrals, accruals etc
  • Review revenue team’s entries and ensure proper revenue recognition in accordance with company policy and accounting standards
  • Perform and supervise year-end financial audit activity
  • Directly oversee accounts payable’s rebillable/passthrough expenses before they get invoiced to the client
  • Support junior team with various accounting projects such as audit, bank transaction entries, bank and GL reconciliations, company merge setup and transitioning to a new software
  • Manage, review and post journal entries and ensure proper general ledger coding in support of month-end close, including recording foreign transactions and converting to local/USD currency based on day-of conversion rates
  • Take a lead role in the preparation of monthly revenue reconciliations relating to payroll, amortization, depreciation, accruals, deferrals and re-classes and ensure completeness of financial statements
  • Prepare and analyze a weekly cash forecast and AR Aging report as required by the board of directors

Staff Accountant

MKTG/ 72 and Sunny
Los Angeles, CA
02.2016 - 01.2019
  • Prepare complex reports to determine monthly revenue amounts using the 606 method
  • Data is collected and analyzed based on employee hours and bill rate
  • Revenue journal entries are entered in the system
  • Present Budgets Vs Actuals reporting to the brand team on a weekly basis for individual clients
  • Additionally, team receives updates on action items necessary for billing, obtaining client approval, closing projects and pushing expenses through AP
  • Assist the team with Cash flow analysis by breaking down in-house credits/ cash vs out-of-pocket payments to vendors
  • Implemented a new Client Billing Approval process through tracking budgets/expenses in Salesforce to automate high volume billing
  • Lead national meetings remotely with regional marketing managers across the US
  • Manage Accounts Receivable, credits, refunds, cash application and bank reconciliations
  • Process general ledger and inter-company revenue transfer entries in the system
  • Manage payments to part time labor by processing payroll entries and ensuring proper coding
  • Assist with internal audits and collecting necessary documentation - client approvals, SOW-s, invoices
  • Manage billing through Nexelus and resolve invoice issues with clients
  • Created an efficient expense tracking system in Salesforce by building a model that records the information for each transaction
  • Maintain accurate financial data by ensuring the marketing team enter all of their expenses and re-class requests through Salesforce

Tax Associate

H&R Block
Los Angeles, CA
09.2013 - 12.2015
  • Completed individual federal and state (including multistate) returns for clients
  • Performed thorough interviews to get an understanding of clients’ financial situation
  • Ensured every client receives maximum tax breaks (deductions and credits) permitted under government law
  • Maintained client retention by developing relationships and being personable
  • Assisted with completing corporate (S Corporation) tax returns

Education

B.A. - Economics and Accounting

UCLA University of California, Los Angeles
Los Angeles, CA
06-2012

Skills

  • Accounting
  • Tax and Audit Knowledge
  • Internal Control
  • Month end close
  • Tax preparation
  • Revenue recognition
  • General ledger management
  • Accounts receivable
  • Grant accounting
  • Intercompany transactions
  • Fixed assets
  • Foreign currency
  • Variance analysis
  • Financial statements
  • Deferred revenue
  • GAAP compliance
  • Contract review
  • Managerial experience
  • Remote experience
  • Process Optimization
  • Communication skills
  • Client relations
  • Microsoft Office
  • QuickBooks
  • Sage 100
  • Salesforce
  • NetSuite
  • Oracle NetSuite
  • Blackline
  • Nexelus

Timeline

Senior Revenue Accountant

Zynga
05.2022 - Current

Senior Accountant

Lotus Clinical Research/ CORE
01.2019 - 05.2022

Staff Accountant

MKTG/ 72 and Sunny
02.2016 - 01.2019

Tax Associate

H&R Block
09.2013 - 12.2015

B.A. - Economics and Accounting

UCLA University of California, Los Angeles

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Moni Hristov